Rakesh Bansal of RK Global told CNBC-TV18, "In Torrent Power the technical structure is very good. It is making higher tops and higher bottoms. In fact today we have seen a gapup opening. On minor corrections one can buy into Torrent Power. On the downside Rs 226 is a good support. One should place a stop loss at Rs 226, it can easily rally to levels at around Rs 255 on the upside.""The structure of Havells India is clearly positive. We have seen a good break above Rs 300. It is an excellent buy at current level with a stop loss at Rs 292 for target price of Rs 321 on the upside," he said."The structure in DLF is neutral and the stock is not participating in the market decline. The chances of upside breakout above Rs 98 levels are too high. If the stock cracks Rs 98 levels on the upside then it is a strong buying candidate. At those levels you are likely to see a short covering coming into DLF as well as fresh long build up would initiate. So, one should keep a close eye on the level of Rs 98. One should buy above Rs 98, place a stop loss at Rs 92.40 and buy for a target price of Rs 108 then."
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